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  • #742,461
  • Jan 7, 2013 4:16pm Jan 7, 2013 4:16pm
Quoting Z3iz3i
If current hour cant get stops triggered above 35 and closes somewhere at 30/35, looks time to sell down to 1.31.
i'm pretty sure they will do just that After all why all the effort to pump it up if it was to falter now?
  • #742,462
  • Jan 7, 2013 4:18pm Jan 7, 2013 4:18pm
Quoting Z3iz3i
If current hour cant get stops triggered above 35 and closes somewhere at 30/35, looks time to sell down to 1.31.
You mean their own stops ?!
"It's the Margin, Stupid."
  • #742,463
  • Jan 7, 2013 4:18pm Jan 7, 2013 4:18pm
Quoting TradeSpotting
I'm watching the Euro index to see if it pops out of the Ichimoku Cloud on the 4hr chart.

It is already above the Cloud on the daily chart.

Alignment across the two time frames would support bullish price action for the Euro in pairs.

TS, what broker is that for Euro Index?

Edit: Just saw it - Admiral Markets.
  • #742,464
  • Jan 7, 2013 4:19pm Jan 7, 2013 4:19pm
Quoting Ken A
TS, what broker is that for Euro Index?
Admiral markets for Euro and USD indices.

Wouldn't trade without them.
  • #742,465
  • Jan 7, 2013 4:21pm Jan 7, 2013 4:21pm
Quoting Kilgore T
i'm pretty sure they will do just that After all why all the effort to pump it up if it was to falter now?
Yea, those buyers are exactly flushing stops at various levels.

But dont know their profit taking level so gotta be careful.
They think they are smarter than I am.
  • #742,466
  • Jan 7, 2013 4:25pm Jan 7, 2013 4:25pm
Quoting math_GB
Sep 27, 2012 5:40pm

I digged in a little and look what I found... We were around 1.3100s at the time and have not seen that level again for months... Many were making calls moving above 1.3500s...

You should by now have made a few 100 Mils if only you followed your own calls mate
Tell me about it... Unfortunately I am addicted to intraday... I'm trying hard but you know how it goes with addictions..
  • #742,467
  • Jan 7, 2013 4:30pm Jan 7, 2013 4:30pm
Quoting TradeSpotting
Admiral markets for Euro and USD indices.

Wouldn't trade without them.

Was looking for a link to explain this Euro Index calculation, anyone knows?

Can't find it in ECB.
  • #742,468
  • Jan 7, 2013 4:32pm Jan 7, 2013 4:32pm
25/26 was profit taking level seems....could not even bother to touch 30.

Waste of time.
They think they are smarter than I am.
  • #742,469
  • Jan 7, 2013 4:33pm Jan 7, 2013 4:33pm
hi all
not often i trade this late in the day
im holding a short since early today at 3100
had a few pips this morning to cover this trade
close trade and take the loss or hold ???
SL @ 40
Trade What You See Not What You Want To See
  • #742,470
  • Jan 7, 2013 4:34pm Jan 7, 2013 4:34pm
Quoting Z3iz3i
25/26 was profit taking level seems....could not even bother to touch 30.

Waste of time.
Or filling orders
"It's the Margin, Stupid."
  • #742,471
  • Jan 7, 2013 4:37pm Jan 7, 2013 4:37pm
Quoting pipsallday
hi all
not often i trade this late in the day
im holding a short since early today at 3100
had a few pips this morning to cover this trade
close trade and take the loss or hold ???
SL @ 40
don't know, currently battling a bit with WPP and MPP, above 1.3130 I would give up hope....
Don't be a hero. Don't have an ego. Always question yourself
  • #742,472
  • Jan 7, 2013 4:37pm Jan 7, 2013 4:37pm
Quoting gatorinla
looking for weakness. 26/27 closest
no need to risk much, its either right or wrong.
those who can, do. those who cant, talk about those who can
  • #742,473
  • Jan 7, 2013 4:39pm Jan 7, 2013 4:39pm
1.31000 will be a tough cookie to break; some good confluence around this level. Might be a big rounding bottom succeeding for a longer term upwards trend, who knows, lets see what tomorrow will bring.
  • #742,474
  • Jan 7, 2013 4:40pm Jan 7, 2013 4:40pm
Quoting USD-Bear
don't know, currently battling a bit with WPP and MPP, above 1.3130 I would give up hope....
its been a long day
watching 16 and 13 ATM
below 13 it just might have a chance of hitting 3100 again
Trade What You See Not What You Want To See
  • #742,475
  • Jan 7, 2013 4:41pm Jan 7, 2013 4:41pm
Quoting gatorinla
no need to risk much, its either right or wrong.
already in?
Don't be a hero. Don't have an ego. Always question yourself
  • #742,476
  • Jan 7, 2013 4:44pm Jan 7, 2013 4:44pm
Quoting Vachus
Or filling orders
If you are right that it will take out offers 30 and above, then it needs to close this hour above 15 to even have potential.

I am off to sleep once hour is done.
They think they are smarter than I am.
  • #742,477
  • Jan 7, 2013 4:49pm Jan 7, 2013 4:49pm
really watching this level , posted this earlier before the close...
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  • #742,478
  • Jan 7, 2013 4:53pm Jan 7, 2013 4:53pm
Why do we suddenly have a risk on sentiment??


JPY gains, EUR flops, USD gains??? Hmmm. Interesting.
  • #742,479
  • Jan 7, 2013 4:55pm Jan 7, 2013 4:55pm
Current Long @1.307 in profit. Keep holding the position for 4HR TF.
Whatever is happening right now has happened before and will happen again.
  • #742,480
  • Jan 7, 2013 4:56pm Jan 7, 2013 4:56pm
Quoting Z3iz3i
If you are right that it will take out offers 30 and above, then it needs to close this hour above 15 to even have potential.

I am off to sleep once hour is done.
They even want to close the daily above 250 ... such boldness
"It's the Margin, Stupid."
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